Governments are fond of accusing private firms of “greed” when prices increase during periods of inflation. However, they fail to tell the public that government services also face price increases.
Original Article: Is There Inflation in Government-Financed Goods and Services?
Dr. Karl-Friedrich Israel ist Assistenzprofessor an der Katholischen Universität des Westens in Angers, Frankreich. Er hat Volkswirtschaftslehre, Angewandte Mathematik und Statistik an der Humboldt-Universität zu Berlin, der ENSAE ParisTech und der Universität Oxford studiert.
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